Service Fee Rate definition

Service Fee Rate. The basis for the monthly calculation of the Service Fee, expressed either as a percentage of the total Required Contribution (“Percent of Premium”), or a dollar amount per enrolled employee per month (“Per Employee Per Month”).
View Source
Service Fee Rate. 0.60% charged monthly in arrears on the average monthly NFE.
View Source

Examples of Service Fee Rate in a sentence

  • Service Fee Rate Increases In addition to any fee increase resulting from changes to the kind or quantity of Service components added to the scope of this Service Attachment, after the Initial Term, Provider may elect to raise the fees it Provider charges for any Services provided to Client under this Service Attachment will be subject to automatic increases no more than once per year.

  • The Service Fee Rate or Service Fee Schedule may be modified by the Policyholder on a prospective basis only.

  • If the Service Fee Rate is determined by the number of enrolled employees according to a Service Fee Schedule, the Service Fee Rate for that Employer Member, will be based on the number of enrolled employees at the time that United enrollees the Employer Member in the AHP, and will not change.

  • The amount invoiced to and payable by Client shall be the product of (x) the total number of Worksite Employees that are co-employed by Client and TotalSource during each respective payroll period, multiplied by (y) the Time and Labor Management Service Fee Rate set forth in the table provided below that corresponds to Client's payroll frequency.

  • With prior written consent by Party A, the Service Fee Rate may be adjusted pursuant to the operational needs of Party B subject to agreement of the Parties in writing.

  • The Union agrees to provide HACM a Service Fee Rate schedule, prior to the end of each calendar year, for effective rates for the following year.

  • The Service Fee Rate which the Seller shall pay per 1 Event are as follows (However, (1) Eventpop may collect other fees which are not specified hereunder.

  • Note: If the same fund resides in multiple accounts within your PIM Household Group, only one Dealer Service Fee / Service Fee Rate can be applied in relation to that fund.

  • The Service Fee Rate will be separately agreed in writing by the Parties following execution of this Agreement.

  • The Service Fee Rate which the Organizer shall pay per 1 Event are as follows (However, (1) Eventpop may collect other fee which are not specified hereunder.

Related to Service Fee Rate

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • Program Fee Rate is defined in the Fee Letter.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Unused Fee Rate means a per annum rate equal to 0.20%.